Amtrack requesting an additional $1 billion bailout to survive


(WIVB)–Amtrak is asking for additional federal funding to keep trains rolling at minimum service levels.

It submitted a letter to Congress seeking more than $1 billion for fiscal year 2021.

That’s in addition to the $2 billion Amtrak already requested.

Ridership has gone off the rails with less travel because of coronavirus.

Amtrak estimates it has about 5% of passengers as it did before the pandemic.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss